StanChart to pay record dividend as profit soars to Sh20bn

Stanchart

Stanchart CEO Kariuki Ngari addressing shareholders on March 14, 2023.

Photo credit: Wilfred Nyangaresi | Nation Media Group

Standard Chartered Bank Kenya is to pay a record dividend of Sh13.9 billion after posting a 45 percent jump in its full-year profit to Sh20.1 billion for the period ended December 2024.

The bank has declared a dividend of Sh37 per share, taking its total dividend payout for the period to Sh45 per share, after paying an interim dividend of Sh8 per share in October last year.

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